Hello friends, and welcome to the week’s review.
Last week, I talked a little about NXT and their impact on artists. If you are talking to NFT, just take a quick look at this story, about which I wrote this week. Biplab’s photo collage sales for $ 69 million. This promotional cycle is likely the result of all crypto people talking to each other and buying each other’s goods, but that does not mean that there will not be lasting effects. That said, I think we are very close to the peak of this wave, with a big down the road after things have calmed down a bit. I’ve been wrong before…
This week, I am interested in talking to your children about all these years. Yes, Roblox.
Is a big deal
Robox went public on the New York Stock Exchange this week, a $ 38 billion market cap after its first few trading days.
Investors lurched around the idea that Roblox is one of the most valuable gaming companies in existence. Unity, Zynga, Take-Two, Gaming Gaming more than Electronic Arts. It’s still a way to go to take on Microsoft, Sony or Apple, though … the now-public company is huge because investors believe the company has tapped into something that others have Is not, a true interconnected creative marketplace where gamers can develop with an evolving library of experiences that all share the same DNA (and in-game currency).
The gaming industry has entered a very democratic progression in the form of cross-play tears under some walls of platform mobility. Each hardware platform that operates its own app store still has a state key, but it is a shifting world with further uncertainty. While mass publishers have tapped cloud gaming as the trend that will tie together their blockbuster franchisees, they all wish they were in the position of Roblox. The gaming industry has seen plenty of Goliaths in its day, but for every big MMO to enrich it, it is still another winner in the arena of odd hits with no connective tissue.
Roblox is different, and while many of us are still aged visions of the image above: a bunch of rudimentary Minecraft / Playmobile-looking mini-games, Roblox’s game creation tools are quickly moving forward and developers are building photorealistic games Those who are wider in ambition and scope than before. As the company’s lifespan expands, it appeals – both by keeping its grip on old gamers on its platform and using soap-up titles to appeal to a new generation – here’s a full Uniquely the platform is Opportunity: Opportunity The longevity of an App Store, but with a social base layer that Cacophony of today’s titles has never shared.
Robox is the “metaverse” that people are hyping in the gaming world, it certainly looks more so than any other modern gaming company.
Apple releases some important security patches
It was honestly a much less important week of Tech News, I agree, but people in the security world can’t completely buy that characterization. This week, Apple released some important updates to its devices, fixing a Safari vulnerability that could allow attackers to run malicious code on a user’s unpublished devices. Update your item, y’all
Tiktok becomes active on online bullying
New social media platforms have benefited from the easy L viewing that Facebook had designed for itself. For Tiktok, its China connection means there is less scope for error when it comes to easily avoidable losses. The team announced some new bullying features aimed at reducing toxicity in the comment feed.
Dropbox buys DocSend
While the cloud storage giants probably need a little reengineering, the epidemic enterprise software boom has created mind-blowing volumes for every SaaS company except these players. This week, Dropbox placed a relatively large stake on the document sharing document. This is quite natural for them, but can they turn into a big opportunity?
Epic Games Buys Photogrammetry Studio
As graphics cards and consoles hit new levels of power, games have had to satisfy the desired for more detail and complexity. Creating 3D assets with that complexity takes a significant amount of time so a lot of game developers have leaned on photogrammetry that turns a series of photographs of a real-world object or environment into a 3D model. This week, Epic Games bought one of the better known software makers in this space, called Capture reality, With the aim of integrating the technology into future versions of its game engine.
Twitter Spaces is launched publicly next month
I have spent some more time with Twitter Spaces this week and I believe that there is ample opportunity to increase the growth of the club house. Twitter is extremely slow to roll out products, but it seems they are demanding gas this week, announcing this week that it will be widely available by next month.
Seth Rogen Starts a Weed Company
Startups have a lot of money, there has never really been a better time to get capital for a project… if you know the right people and have the right kind of expertise. Seth Rogen and Weed are a very solid mental combo and starting a weed company should not be a big shock.
Some of my favorites read from our Extra Crunch Subscription Service this week:
Kappang follows Robox on the first day of trading
“Another day marks another public debut of a multibillion-dollar company that performed well outside the gate. It’s time for Kauppung, whose shares are currently up more than 46% to $ 51.” After pricing at $ 35, $ 1 above the IPO price range of the South Korean e-commerce giant. Raising someone’s range and then pricing above that only to see the public markets take more of the new equity is somewhat par for the course when it comes Most successful recent debut, To which we can add Coupang. ” Excess
How Non-Technical Talents Can Break Into Deep Technology
“The startup hiring process can be opaque, and as a non-technical person it seems challenging to break into the deep tech world. As someone with an initial research background wants to work in biotech, I find this a challenge. Personally felt. Over the past year, I have worked for many opportunities and with deep tech companies.“ Excess
Does your VC have an investment thesis or a hypothesis?
“Venture capitalists like to talk about investment: Twitter, medium, clubhouse at conferences. And yet, when you look closely, research is often meaningless and / or misleading…. ” MHeyAgain